Ground-Floor Surgical Medical
1779 N UNIVERSITY DRIVE #101, Pembroke Pines, FL 33024
For Sale
New
$2,700,000
An established clinical layout includes operating rooms, medical gas lines, and dedicated patient preparation and recovery space.
Property Size5,285 SF
Price / SF$510.88
Days on Market3
Property Features for 1779 N UNIVERSITY DRIVE #101
General Information
Standard status
Size
Property subtype
Space & Availability
Floor
Condition
Site & Location
Neighborhood
Additional Details
Property Use
Medical Specialty
Building Details
Year Built
Listing Agency:
VESTI LLC
(407) 749-5489
Listed By:
Daniela Hernandez Camaran, PA · License #3395938
(407) 748-1658
Source:
Endlesssummerrealty
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 8:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VESTI LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,285-square-foot medical office suite occupies the ground floor of a building constructed in 2006. Its surgical configuration includes two operating rooms created from four procedure rooms, with oxygen and suction lines in place. An eight-bed area serves patient preparation and recovery. The reception and lobby are separated by a removable glass partition, and the suite also has three bathrooms, two office spaces retaining plumbing from former bathrooms, and a staff breakroom with a kitchen.
A City letter confirms approval for surgical use. The property is in Pembroke Pines, near major hospitals. Medical equipment may be purchased separately.
A City letter confirms approval for surgical use. The property is in Pembroke Pines, near major hospitals. Medical equipment may be purchased separately.
Key Highlights
- 5,285‑square‑foot ground‑floor medical office suite
- Two operating rooms formed from four procedure rooms, with oxygen and suction lines
- Eight‑bed patient preparation and recovery area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,882
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,077,640
$2.1M
Cap Rate 7%
$1,484,029
$1.5M
Cap Rate 9%
$1,154,244
$1.2M
Market Conditions
NOI Build-Up for 5,285 SF
Gross rent
$177.6K $33.60/SF
− Vacancy
−$39.1K −$7.39/SF
EGI
$138.5K $26.21/SF
− OpEx
−$34.6K −$6.55/SF
NOI
$103.9K $19.66/SF
Area
Pembroke Pines, FL
Vacancy
22.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,077,640
Cap Rate 7%
$1,484,029
Cap Rate 9%
$1,154,244
Alternative Uses
Best Use
Office B
$1.48M
$1.30M – $1.73M
NOI $103,882 @ 7.0% cap · market cap 3.85%
Second Best
Healthcare Medical
$1.31M
$1.15M – $1.53M
NOI $92,010 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$2.24M
$1.96M – $2.62M
NOI $157,129 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,232
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33024, FL
74,843
Population
26,552
Households
2.8
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
11.6 sq mi
ZIP Area
6,452
Density / Sq Mi
$76,501
Median Household Income
$38,144
Median Earnings
$1,724
Median Rent
$365,200
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Broward County, FL
Properties on Market for Medical Office Space in Broward County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Medical Office Space - An established clinical layout includes operating rooms, medical gas lines, and dedicated patient preparation and recovery space.
Where is this medical office space located?
The property is located at 1779 N UNIVERSITY DRIVE #101 Pembroke Pines, FL.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 5,285‑square‑foot ground‑floor medical office suite; Two operating rooms formed from four procedure rooms, with oxygen and suction lines; Eight‑bed patient preparation and recovery area
